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FOX News
Jan 26, 2013 11:00am PST
, pro golfer, says that high taxes may drive him out of california. we've got discussisuggestions w should consider if he moves. and hillary clinton, her legacy as she prepares to leave washington at least for now. now. >> we will respond to the threat of climate change, knowing the failure to do so would betray our children and future generations. >> paul: welcome to the journal editorial report, i'm paul gigot. that was president obama in his inaugural address monday, promising to make global warming a top priority in a second term, it's an issue that is sure to bring some fierce policy showdowns, the first of which may come under the keystone xl pipeline since 2008. and a revised route through nebraska this week, the final hurdle to the project at the state level and 53 senators, including 9 democrats sent a letter to the white house on wednesday urging president obama to expedite its approval. and joining the panel this week, wall street journal assistant page editor, james freeman and senior economics writer steve moore and washington columnist kim strassel. kim, where did tha
Jan 27, 2013 7:00am EST
cuomo from erik. james says in connecticut there are two major problems, the deficit and more taxes. both problems are created by one party rule. what are the big issues in your state? join that conversation on facebook by looking for c-span. let us take a look at the balance of power in state. we can see here who controls the governors' seats. 30 republicans states in red, 19 democratic, and one independent in rhode island. but as your what ray has to say on our democrats line. caller: good morning. i wanted to say that i believe here in the state of texas -- our standard of living is what keeps is going. nobody can live on $7.25 hour. our standard of living is so below the economy it should be at $12 per hour. everything is so expensive right now. it should be, at the very least, $12 per hour. host: you are calling to raise the minimum wage? caller: yes, ma'am. if everybody makes at least $12 an hour, this country would boom so fast. here in the state of texas -- i think it is everywhere. the corruption of the governor and the mayor. big corporate donors, big business owners. they
FOX Business
Jan 26, 2013 12:00am EST
increases do not reduce the deficit because every dollar of tax increase leads to, of $1.17 in additional spending but spending more money to people who will waste it only encourages them. we are not sending any more and. >> most economists agree you need a comprehensive mixed of cuts and increases. liz: i am done with the economist. we tried that and look where we are. we have a huge entitlement problem. >> also in the uk we have that. liz: britain is not the size of the united states. we have different issues. >> yes but we have to much austerity you do not want to go our direction. liz: you have been terrific. have a terrific weekend. thank you for watchingre's praye stock, everybody. >> money is next. melissa: here's what's "money" tonight. tim guy near -- geithner out the door, and president obama said he was one of the best ever. we have his report card and whether jack lew can do better. may be the end of the union as membership plunges to a 97-year low. there could be one thing to save the union. we have the former chief here to explain, and there's swatting and m
FOX Business
Jan 25, 2013 5:00pm EST
other than taxing the rich did nothing to give us deficit reduction or offer accommodations or not entitlement spending that's the longer term debt driver. melissa: susan, talk on the stimulus, how much is directed by him, and how much he had control over or warn what was coming down the road in terms of the bills. what do you think? >> there's revisionist history going on with my fellow panelists, i think. part of the negotiations around the stimulus at that time, republicans wanted even more of the stimulus to be in the form of tax cuts. one-third was tax and two-thirds stimulus. they already didn't like the plan. this was a negotiated solution what we had, and so the idea of putting more money into infrastructure, absolutely, all for it, and tim would have been too 6789 what's the political environment you operate in, and it was not going to happen at that time. unfortunately, that problem persisted, but if you remember, you know, take yourself back to the fall of 2008, beginning of 2009, and you look at the tenure here. we had gdp contracting at, like, 8%. we were hemorr
FOX Business
Jan 24, 2013 9:20am EST
the exporters going down and then the wild card here is what is the government going to do with taxes, how does that affect business and consumer spending. so we're on that road, but the road is-- it needs a lot of pavement, stuart. hopefully our government will do the right thing by us. >> hopefully. >> stay there for a second, carol, i want your opinion on another news item. and we broke the story yesterday, union membership, it's way down. i've got some numbers for you, in all, 400,000 workers, less left the labor movement, gone, 400,000, the state of wisconsin lost 46,000, 13%. indiana, where a law passed last year that doesn't require workers to pay a union fee, still allows them to benefit from collective bargaining, that lost more than 56,000 union members in that state. down 18%. most of the municipal workers, by the way. and these are the lowest union levels since 1916, i believe. carol, it occurs to me that unions have a lot of political power at the moment, but they're sharply declining membership. >> they do. and you know, it's funny, i am he' the daughter of a union electrician so
Jan 27, 2013 12:00pm PST
. for the president's proposal the path would include the requirement that those illegal immigrants pay back taxes and fines. that is one topict that this morning we heard mixed support on. mccain ameng those saying he believes will take place. so did senator menendez and senator dick durbin today. >> peter alexander thank you so much from the white house. we will come back to you later in the show. >>> the other big battles between president obama and republicans are mostly budget focused. on march 1 one month from this friday sequester cuts kick in. it is $1.2 trillion. those are cuts to military and discretionary spending. paul ryan says don't expect a last minute deal or any deal at all. >> i think the sequester is going to happen because that $1.2 trillion in spending cuts we can't lose those. >> joining me now lynn sweet and david who covers the white house for the washington post. good sunday to both of you. let's start with the claim from paul ryan. $1.2 trillion in cuts said to take effect march 1. paul ryan indicating this time there will be no 11th hour deal. >> it is just a bargain pos
Jan 29, 2013 4:00pm PST
, then that voting bloc isn't going to listen to you on education, on taxes, on any of this stuff. that's what's going on. >> so that's the issue. >> what do democrats get out of it? why are they pushing it? >> hispanics have been demanding something on this, and at some point -- >> but do they want the teeth, the tough requirements of worker verification? do they want the tough part of the bill? >> i think -- yes, because if you actually go to places like arizona and new mexico, and i have seen surveys of hispanic-americans, hispanic-american citizens who say second, third, fourth generation, saying i did it legally. these folks should have to do it legally. i think that there is a -- >> i just don't hear that from the latino groups. >> no, they -- >> i don't hear the interest groups pushing for real teeth. let's take a look at the president today. >> the interest groups aren't. i'm talking about rank and file hispanic-americans. >> that's positive. let's look at what he had to say. he came out for what he calls comprehensive immigration reform. it was at a speech in las vegas. he said the bi
Jan 26, 2013 10:00am PST
, april 15th. not just tax filing day but the date by which congress has promised to adopt a budget resolution. they even this time stake their pay on it, agreeing to reach a deal or face suspension of their paychecks until they reach a deal. that might just be enough of a carrot to make them actually present a budget that takes on our a bah looning deficit. but that battle may make the recent battle over tax hikes for the rich seem like a friendly game of badminton. big spending cuts are needed and they will hit americans where it hurts -- in their entitlements. i'm talking about health care, medicare, social security. president obama emboldened by his re-election has already drawn his so-called line in the sand. now republicans have to come to the proverbial table. perhaps the most powerful republican in washington, eric cantor, says he and his fellow republicans will have a plan and they are ready to deal. >> i think it's important that we be here as members of the u.s. congress. there are six of us who are here. really interested in the discussion about the global economy. obvio
Jan 27, 2013 3:00pm PST
interviewed by the press. >>> wednesday, tax season officially begins, ugh. the irs begins processing individual income tax returns, 1040 forms. other forms can be filed in late february or early march. new tax laws force the irs to update their systems and delay filing season this year. >>> on thursday senate confirmation hearings begin for defense secretary chuck hagel. he has secured support from several key senators but he's expected to face tough questioning from some republican opponents. and friday is expected to be hillary clinton's last day as secretary of state. the exact timing of her departure depends on hearings for john kerry who president obama tapped to replace her. that will do it for me. cnn newsroom continues right now with don lemon. have a great week. >>> hello, everyone. top of the hour. i'm don lemon. thank you so much for joining us. survivors of a nightclub fire in brazil are describing a nightmare scene. bodies all over the ground. firefighters trying to smash down the walls. terrified people being trampled. so many people dead. this nightclub was way overcro
Jan 30, 2013 11:00pm EST
with their taxes. the uncertainty was horrendous, the mood sour. we were getting all sorts of cross currents about what would happen with corporate and personal taxes. were they going to raise taxes, were capital gains going up? would the alternative minimum tax ensnare millions of people? would businesses have to start a whole brand new round of layoffs? executive after executive came on this show to say, look, we can't do a thing. what's the point? we will just have to undo it. business confidence plummeted, and the idea of forming a new business. well, remember when the ceo of paychex came on and talked about the paralysis caused by the cliff? who would leave his job to start a new business in that environment? okay. retail sales weren't that bad. but they nose dived right at the end of the quarter. retailers were afraid to restock inventory, figuring that spending would drop off the cliff right along with the nation's finances. it was all in all a very bad time for our nation. now, overlay the storm of the century for the northeast, one that shut down the wealthiest area of the country for sev
Jan 30, 2013 5:00pm PST
the debt, they would have been eager to let all the bush tax cuts expire. the cbo has shown that if we did that, debt as a share of the economy would fall to half in the next ten years. and if we were to leave the bush cuts in place, it would double. so, no, they're not serious about cutting deficits. they're serious about continuing to pose as the party of tax cuts for the rich. >> and i want to point out that just about an hour after we got the report on the gdp, senate minority leader mitch mcconnell gave this warning about government spending. here it is. >> this, my colleagues, is the europeanization of america. this is the pathway to greece. >> really? your thoughts on that. >> well, there is one way that we are on a pathway to greece. in greece they do not have an effective tax system, and people cheat left and right. we are starving the irs. i've been talking to people inside the irs whose units have been cut 30, 40, 50% in personnel, and they're not auditing, and they're not going after the tough cases that will mean the less money for the government and the less money for all gov
FOX News
Jan 27, 2013 3:00am PST
. >> and now tackled by taxes, and make $75,000, see if he gets to keep any of it. >> "fox & friends" begins right now. ♪ >> good morning, i hope you had a great weekend. >> clayton: yeah, ainsley earhart here, tucker carlson, ainsley fresh off the return to the gun range down there in texas. >> that was so fun. >> clayton: did you fire an a-47. >> no. >> were you nervous? >> i was down in katy, texas, offering free classes to teachers in the area. the class full of teachers and we interviewed why they were doing that and even though you're not allowed to take guns in flarms yet and hoping that does pass the state of texas. >> you looked great down there and we'll talk more about dianne feinstein's legislation, first to the headlines. >> straight to the headlines, an extreme weather alert. the midwest bracing for dangerous ice storms, sleet, snow and ice could leave behind a slippery mess in illinois and michigan as well as missouri. this as the country gets ready for a brief warm-up. rick is tracking it for us this morning. and it's a rollercoaster, hot and cold. >> it is and it's going
Jan 28, 2013 1:00pm PST
to undergo a background check and pay a fine and back taxes before gaining legal status in the united states. all that is contingent on securing borders. the proposal provides for increased use of drones, more personnel and improved infrastructure and it would create an employment verification system and improve the process for admitting needed workers. cnn chief congressional correspondent dana bash and cnn chief white house correspondent jessica yellin are working the story. dana, the tone was pretty optimistic up on capitol hill today. >> it sure was but, you know, we have seen this movie before, you and i, wolf, and a lot of other people watching this issue go kind of up and down with the partisan wins. but this is something that is different this time. because of something very simple. and that is what happened in the last election to republicans. particularly mitt romney with the latino voters. he lost big time. and that's why when i asked senator mccain and others who were standing right here where i'm standing, half a dozen years ago, why this is different, that's why they answered t
FOX News
Jan 29, 2013 3:00am PST
and pass a background check. you would be required to do that if you're illegal. pay a fine and back taxes. earn probationary legal status. learn english. continue to pay taxes. show work history and then get a green card and then apply for citizenship. effectively you would go to the back of the line. so this is a bipartisan effort. remember, some of these commissions have come together in the past, in the last four years, specifically about the debt and the president hasn't necessarily taken on the plan that they have come up with. so this will be really important to see if it actually works. >>brian: a really important provision, skills valued. we've got engineers out there, computer technology experts, people when they have skills -- for example, if they train at american universities, they would get a priority. this is what microsoft and you always heard apple saying. we need more engineers in this country. why are we training them and letting them go back home? let's give them u.s. status or a green card. marco rubio talks about a plan. >> before we can move towards a path for green
Jan 27, 2013 10:00am EST
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Jan 27, 2013 9:00am PST
line is historic tax rates, how much we raise in taxes and the blue is how many increases president obama is calling for. the red is where spending is going. spending is the problem, revenues are not the problem. if you keep chasing them they will hurt economic growth, shut down the economy and won't get the budget balanced. >> what i heard the president say was programs like social security and medicare and med aid critically important for our future and we need to have a bipartisan commitment to make them work. bob and i have been in a lot of meetings talking about deficit reduction. we need reform in the programs that mean they will live on to serve future generations. that's the message i took from the president. >> referring to bob corker to the left of the screen. the president has a full plate. not just the budget but the issue of guns, and this week he heads to las vegas for a speech about overhauling immigration. so the second term is already kicking off with plenty on his plate. >> all right. peter alexander, white house correspondent, thank you so much. >>> we want to tur
Jan 28, 2013 12:00pm EST
finance minister started an initiative on this that this year g8 will look at tax evasion and tax fraud. i think it's enormously important issue, and i think the regulation on the shadow banking system, um, also needs to play a very important role for the russia meeting for the g20. we have quite a lot of regulation for our banks, basel iii comes to mind here. here, actually, we have to be vigilant that the lending capacity that is to boost, after all, economic growth doesn't get too contained, too limited, and i can only hope and join our partners in the united states to introdiscuss deuce this -- introduce this as well, otherwise a new imbalance here. through better regulation of banks, the capital that they need to the capital reserves that they need to have, we also see moral hazard in the sense that people increasingly seem to fly into the shadows of shadow banking. we were at one in saying when we agreed this at the g20 and the thought that every financial instrument, um, every financial be product, every financial market needs to be placed in regulation. we are very far from that. i
Jan 30, 2013 9:00am EST
-paying jobs in these industries will be paying the taxes to some other country, will be simply an economy and some of the country. you want to know what america is special? one of the reasons why it special is because for over 200 years we have been a collection of the world's best and brightest to a magnet that attracts people here and now have an immigration system in the 21st century that is making a very difficult to achieve. that's what this effort is to the other concern i heard is what about folks that are in this country now? this is a legitimate concern when people raise it, i don't get upset about that. that is a very legitimate concern. about the kids are raised here and go into these intricate, will they be hurt if you have seen the need, they need far exceeds what we are producing. so that's not an immediate concern but here's the other. that is the startling figure that was used earlier. that for every 100, 100 foreign-born s.t.e.m. workers we're creating 260 some odd jobs. it's indisputable that these jobs create jobs for people right down the line in this process. if you'r
Jan 29, 2013 8:00pm PST
to places beyond it. siemens. answers. time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... officemax. life with crohn's disease is a daily game of "what ifs". what if my stomach pain and cramps come back? what if the plane gets delayed? what if i can't hide my symptoms? what if this takes too long? what if? but what if the most important question is the one you're not asking? what if the underlying cause of your crohn's symptoms is damaging inflammation? for help getting the answers you need visit and use the interactive discussion guide to speak with your gastroenterologist. >>> our second story "outfront," the big question for hillary clinton. okay, not that one about 2016. this one. >> which of these three names would you like to adopt. we spent three or four months on this. the incredible hillary. the artist formerly known as the secretary. or just hill clinton. but it does sound a bit like bill. >> yeah. i think we're going to have to work on that lis
Jan 25, 2013 7:00am EST
-class families, of which could then go to educating their kids or building up their savings. tax reform, that is also important for conservatives and republicans. host: a question from our viewer -- guest: tom cotten, the congressman from arkansas, a friend of mine. he went to harvard, which i went to, so i'm biased. he went to harvard law school, which i don't hold against him. he volunteered for the army in 2004, served as an officer in iraq and afghanistan, work for is that business a while, had a close primary against an aggressive womaperson. but he won. there he is, a first term congressman in the house. he will be able to weigh in on the chuck hagel nomination. he has spoken eloquently on that. he is a real rising star in the house. he is already respected by his peers. he was involved with the speaker, paul ryan, and others, in trying to devise a tactical maneuver to get the debt ceiling moved back and to able to deal with sequester. he will have a tough decision in a few months. there's pressure on him in arkansas to run for senate in 2014 against price yoryor, a vulnerable dem
Jan 29, 2013 5:00pm EST
to gain status if they passed a criminal background check and back taxes and learn english. they can apply to become a citizen behind people who started the process legally. >> for the first time in many years, republican and democrats seem ready to tackle this problem together. >> some gop house members have already said they don't support the senate proposal. but some of the biggest opposition to immigration reform could come from outside the halls of congress. republican senator, marco rubio, went on conservative radio to drum up support from a skeptical rush limbaugh. >> if the vote went republican, do you think the democrats would be for any part of this legislation? >> bob danes, the federation for american federation reform is also opposed to the bill. >> it is clearly a trojan horse, which reforms nothing. >> the group of eight senators sponsoring the legislation, say once the language is agreed upon, the bill could come up for a vote as early as the summer. danielle nottingham, cbs news, washington. >>> plenty of blitz and glitz in new orleans today and we're not just talkin
Jan 29, 2013 3:00am PST
including fines and back taxes, undergo a background check and learn english and american civics. yesterday, marco rubio in florida sought to win over conservatives opposed to any deal with threats of amnesty. >> there are over 11 million workers undocumented. that's not something any wanted to see happen. it is what has happened. we have an obligation and need to address the reality of the situation we face. i think today is an important first step in what's going to be a significant complicated journey. the issue of immigration is not a simple one. we have the opportunity to do it right and if we do, i think we'll do a tremendous service to our country. snow jo . >> joe, remains to be seen how far this gets but you see john mccain and lindsey graham talking about what they're talking about in terms of a bill that even hints at amnesty. >> no doubt about it, things have changed in the last five years. there will still be conservatives in the house who want to be assured by marco rubio and john mccain and any conservative that supports this bill that won't be a repeat of 1996, that was an o
Jan 28, 2013 3:00am PST
to stand out in a crowd, whether it's on taxes or regulations or in the past on immigration, you were completely shunned from the party. finally there's an understanding we've got to grow the party. what we've been saying for quite frankly for years and getting attacked, we want colin powell on our side. we want moderate republicans on our side. if we're going to be the majority party again, we've got to spend the party. >> are you saying they're pushing her out of the spotlight as part of making the stupid party less stupid? >> what i'm saying is that sarah palin represented a time and place in american politics. and not 2008 so much as 2010. and that time is passing us very quickly. and party leaders are finally understanding that. you know, roger els, i brought up richard haass, roger els before. roger els saw this coming well before the 2012 election. he had realized what had gone wrong. not only at his network but also in the conservative movement of the republican party. that's why he was running out and talking to chris christie saying, get in this race. you can save this party
Jan 27, 2013 7:30pm EST
a more effective tax system. it reduced taxes going forward. and i think we could have had a booming environment. i may be wrong. that's my own personal belief. if we had a grand bargain, america will take off. i think it's very important for america to get strong. the rest of the world needs us to. europe still has its issues. i think it's important that america kind of took the lead here. >> what does your gut tell you about all of this money moving into stocks recently? do you think this is sustainable? >> yeah, if the economy grows, it's sustainable. you know, it's not just america, it's european, japanese and chinese companies. but you're still buying them at fairly good prices. and your alternatives aren't really that good. so, yes, i'm comfortable owning stocks right now. >> my thanks to jamie di plrksz on. >>> the state of business, the state of investors and the state of europe all part of the conversation here this week from citi ceo to a billionaire philanthropist. here's what they had to say. >> our strategy is really focused around a few of the big secular things that ar
Jan 25, 2013 4:00am PST
, claim the title. he needs to stay there seven years, pay the property taxes and hope the owner, bank of america in this case, forgets about the place. i'm no lawyer. that sounds a little sketchy. >>> we have pretty tough interviews on "starting point." nothing quite like this. a local reporter goes into an animal pen. see what happens. >> from the manatee county fair, linda carson, abc 7. would you not eat my pants? ahh! >> can we see that again about 100 times? >> not quite the same without the wonderful scream. >> she was at the manatee county fair reporting a story about kids who raise goats. she was completely fine. she was laughing, which is why we can show it again and again and again and again and again and rejoice in its overall awesomeness. >> i have to agree with will. the audio makes the story. >> and the smile on her face at the end. >>> learning more this morning about problems with boeing's batteries that the ntsb investigation is focused on. christine romans with a look on that. richard quest in davos to explain a little about that as well. christine, you start with me
FOX News
Jan 24, 2013 6:00am PST
mickelson after he said high taxes might chase him out of his home state of california. why one of the world's highest paid athletes is now why he is saying he is sorry? bill: man, have you been outside? it is epic cold. this is gripping most of the country. windchill readings falling to 30 below. if you live there, you know how cold it is. that is chick -- chicago screen left. how can avoid being outside. martha: good idea. >> keep moving. layers. i have on like three layers. if i need to i take something off, put something on as need be. i used to say the summer was worse but now i want to say the winter. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. bill: mitt romney heads to washington, d.c.. two of his former aides saying the former republican presidential nominee and his wife ann will be in the nation's capitol, make that friday, for a luncheon in their honor. friday is the luncheon. the forme
Jan 24, 2013 7:00am EST
and snickers. try snickers peanut butter squared. when you file your taxes. i read the whole 900 pages. i will give you a tax and health care review. i can help you figure it out. ♪ ♪ [ male announcer ] let's take every drop of courage, every ounce of inspiration, every bit of determination, and go where we've never gone before. ♪ introducing the radically new avalon. toyota. let's go places. >>> we're back now at 7:41. prince harry is back in britain this morning and he's trying to clarify some of the comments he made during his tour of duty in afghanistan. nbc kir seir simmons is in buckingham palace this morning. good morning to you. >> reporter: good morning. prince harry has faced criticism from his comments about killing the taliban. now, he's back and ainu interview, he's talking about what he's learned. >> it's been great. a hell of an experience. really proud of the guys. >> reporter: prince harry summing up his tour of duty in afghanistan, landing back in the uk, finally able to congratulate william and kate in person. her pregnancy announced while harry was away. >> i'm l
Jan 30, 2013 2:00am PST
immigrants living in the u.s., requiring applicants undergo background checks, pay taxes and penalty and learn english. it would crack down on employers who hire undocumented workers. >> it won't be a quick process, but it will be a fair process and it will lift these individuals out of the shadows and give them a chance to earn their way to a green card and eventually to citizenship. >> rorter: the president's plan does not outline a guest worker program, nor does it tie a pathway to citizen ship to tighter border security, both part of the senate plan. >> that issue i think is a lifeline for most of us involving in this effort. >> reporter: rubio seemed to win rush limbaugh over. >> what you're doing is admirable and noteworthy. you are recognizing reality. >> reporter: some conservatives fear granting citizenship to undocumented immigrants may encourage more to come. >> it doesn't matter if it was clinton or if it was reagan. what we've learned is if you grant amnesty, what do you get? more amnesty. more illegal entry. and so what we want to make certain is that we have learned th
Jan 26, 2013 9:00am PST
there are rules to ensure competition and fair play. the broad shoulders of a rising middle class. revamp our tax code. reduce the cost of health care. medicare and medicaid and social security. they do not make us a nation of takers. the threat of climate change. sustainable energy sources. our forests and waterways, our crop lands and snow-capped peaks. seneca falls and selma and stonewall. earn a living equal to their efforts. our gay brothers and sisters welcome the striving, hopeful immigrants. the quiet lanes of newtown. >> joining me now, msnbc contributor jimmy williams and former rnc chairman and msnbc analyst michael still. gentlemen good to see you both. jimmy let me start witd you immediately. a lot of people criticized the president's speech. to be expected to some degree. did that sound like hey i won you lost. this is how it's going to be? >> i hate to break the news to people but that is exactly what happened. i went back this morning and looked at reagan's second inaugural and george bush jr.'s second inaugural. reagan talked about economics and the role of government. bush, terr
Jan 28, 2013 11:00pm PST
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Search Results 0 to 49 of about 106 (some duplicates have been removed)